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Post# of 275594
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RIGATONI

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RIGATONI

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Re: RIGATONI post# 79001

Monday, 08/30/2004 2:10:28 PM

Monday, August 30, 2004 2:10:28 PM

Post# of 275594
~CRHM this from the filing that caught my eye......


PLAN OF OPERATION

The Company derives it revenue from the sale of developed or undeveloped real estate parcels. At present, the Company has one project generating revenues, Sea Garden Town Homes, located in North Myrtle Beach, South Carolina These Town Homes sell in the $95,000 to $105,000 range per Town Home unit. The Company owns the building sites for an additional 49 units and is under construction on 15 units. These units have been pre-sold and construction is set to begin on another 10 units in June, 2004.

Looks like about 5 mill rev just from this project.


~Rig





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